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    Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras
    Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras
    Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras
    Ebook183 pages4 hours

    Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras

    By W. Hildenbrand and A. P. Kirman

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    About this ebook

    Advanced Textbooks in Economics, Volume 6: Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras focuses on the approaches developed and instituted by Edgeworth and Walras in the study of equilibrium analysis.

    The book first underscores exchange economies, core of a game, and large economies. Discussions focus on economies with a continuum of agents, Walras equilibrium, prices and demand, balancedness, and commodity space. The manuscript then ponders on limit theorems for the core and existence of competitive equilibria. Topics include equilibria without convexity of preferences, existence of equilibria for economies with convex preferences, individual demand, emergence of prices, asymptotic equal treatment for most, uniform boundedness of core allocations, and limit theorems for type and replica economies. The publication examines continuous, upper, and lower hemi-continuous correspondences, fixed point theorems, and separation of convex sets.

    The book is a vital source of data for economists and researchers interested in equilibrium analysis.
    LanguageEnglish
    PublisherElsevier Science
    Release dateJul 22, 2014
    ISBN9781483275260
    Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras

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